2020 BUDGET 2020 Budget Change in Appropriations: Tax Rate: 0.483 - - PowerPoint PPT Presentation
PUBLIC HEARING 2020 BUDGET 2020 Budget Change in Appropriations: Tax Rate: 0.483 cents = same rate as 2019 1977 Cap Allowed by State for 2020 = 2.50% Allowed by Cap Ordinance = 3.50% Additional ratables and revenues have allowed
Tax Rate:
0.483 cents = same rate as 2019
Change in Appropriations:
1977 Cap Allowed by State for 2020 = 2.50% Allowed by Cap Ordinance = 3.50%
Additional ratables and revenues have allowed a lower impact on the tax rate as well as cost savings for health insurance benefits and use of JIF premium credits for general insurance coverages. Local Increase Tax Impact: $0.01 on Average Assessed Value Home ($225,000) = apprx. $1,086.78 (increase $0.03).
Revenues:
Use of surplus: $309,224 Fees and Permits: $20,000 Court Fines and Fees: ($14,000) Interest and Cost on Taxes: $48,000 Interest on Investments: $70,000 Host Community Benefits: $5,000 Cable TV Franchise Fees: $30,000 UCC Fees: ($85,000) Utility Indirect Costs: $166,000
Appropriations:
Reduction for General Administration S&W
and OE and Committee OE ($64,005).
Reduction in Employee Group Health and
Waivers ($263,000).
Increase in Cost for Trash & Recycling
Collection and Landfill Costs: $397,820.
Increase in Pension Liabilities $152,294. Salaries and Wages increase includes all
union contract increases, full compilation of police officers, as well as staffing adjustments in various departments: $166,200 (1.82%) (sheet 17 )
Local 0.483 26% County 0.27 14% School 1.028 55% Fire Districts 0.093 5%
Estimated 2020 - Percent of Taxes
Local County School Fire Districts
22,281,719 42,726 22,238,993 21,656,567 2,305,648 19,350,919 21,958,834 517,388 21,441,446 23,230,750 2,299,016 20,931,734 20,596,187 263,634 20,333,187 20,814,768 566,807 20,247,961
TOTAL BUDGET LESS GRANTS BUDGET W/O GRANTS
2020 2019 2018 2017 2016 2015
2020 2019 2018 2017 2016 Fund Balance 2,074,000 1,764,776 1,779,000 1,641,000 1,641,000 State Aid 3,567,224 3,567,224 3,567,224 3,567,224 3,567,224 Miscellaneous 3,088,676 2,790,287 2,752,217 2,748,697 2,736,864 Delinquent Taxes 150,000 161,503 100,000 55,000 75,000 Property Taxes 13,359,093 13,331,937 13,243,005 12,919,813 12,313,099 Budget w/out Grants 22,238,993 21,671,731 21,441,446 20,931,734 20,333,187 Grants 42,726 2,305,648 517,388 2,299,016 263,634 Budget Total 22,281,720 23,977,379 21,958,834 23,230,750 20,596,821
Year End Surplus Balance Used in following budget 2019 2,641,190.18 2,074,000 78.5% 2018 2,272,037.06 1,764,776 77.7% 2017 2,197,400.36 1,779,000 81.0% 2016 2,101,899.01 1,641,000 78.1% 2015 2,023,082.98 1,641,000 81.1% 2014 2,231,661.18 1,757,500 78.8% 2013 1,698,104.83 1,377,000 81.1% 2012 1,650,543.68 1,255,000 76.0% 2011 1,741,827.60 1,211,000 69.5%
2020 Intro 2019 Final 2018 Final 2017 Final 2016 Final 1 Police Salaries 5,100,000 23% 5,010,000 23% 4,850,000 23% 4,742,874 23% 4,630,306 23% 2 Health Insurance 3,000,000 13% 3,250,000 15% 3,757,630 18% 3,583,430 17% 3,509,500 17% 3 Debt Service 1,138,678 5% 1,180,100 6% 1,077,855 5% 1,085,701 5% 1,124,520 6% 4 Police Pension 1,344,409 6% 1,213,854 6% 1,125,542 5% 1,025,351 5% 991,577 5% 5 Public Works Salaries 986,000 4% 950,000 4% 910,000 4% 982,000 5% 922,000 5% 6 Social Security Tax 703,215 3% 680,000 3% 630,000 3% 627,000 3% 606,000 3% 7 Workers Compensation Insurance 528,966 2% 490,000 2% 510,000 2% 509,750 2% 534,750 3% 8 EMS Salaries 513,000 2% 505,000 2% 505,000 2% 480,000 2% 437,500 2% 9 Communications Salaries 450,000 2% 450,000 2% 440,000 2% 450,000 2% 480,500 2% 10 Sanitary Landfill 485,000 2% 474,000 2% 440,000 2% 430,000 2% 430,000 2% 11 Reserve for Uncollected Taxes 369,314 2% 358,624 2% 427,844 2% 416,999 2% 413,781 2% 12 Public Employees Pension 436,259 2% 414,520 2% 413,675 2% 382,759 2% 338,420 2% 13 Electricity 360,000 2% 380,000 2% 380,000 2% 370,000 2% 380,000 2% All Others (75-80 Budget Lines) 6,824,152 31% 6,330,350 30% 5,973,900 28% 5,845,870 28% 5,534,333 27% Total Budget 22,238,993 100% 21,671,732 100% 21,441,446 100% 20,931,734 100% 20,333,187 100%
Year Amount Change 2020 1,780,668 139,904 8.53% 2019 1,640,764 101,547 6.597% 2018 1,539,217 141,307 10.11% 2017 1,397,910 67,913 5.11% 2016 1,329,997 119,501 9.87% 2015 1,210,496 (36,152)
2014 1,246,648 (114,276)
2013 1,360,924 39,019 2.95% 2012 1,321,905 (148,121)
2011 1,470,026
Year Beginning Balance Budgeted Increase Other Increase Used Ending Balance 2020 514.00 80,000 N/A 80,514 2019 35,014 75,000 109,500.00 514 2018 260,314 50,000 (275,300) 35,014 2017 146,984 180,000 (66,670) 260,314 2016 109,484 200,000 (162,500) 146,984 2015 699,484 (590,000) 109,484 2014 1,836,784 (1,137,300) 699,484 2013 2,184,146 (347,362) 1,836,784 2012 2,399,024 30,000 (244,878) 2,184,146 2011 2,577,300 100,000 1,724 (280,000) 2,399,024 2010 2,394,000 987,000 25,000 (828,700) 2,577,300
Beginning Balance Budget, Interest & Adjust. Expenditures Ending Balance 2020 As of 03/20 170,613.82 150,218.94 48,857.09 271,975.67 2019 143,920.47 152,003.75 125,310.40 170,613.82 2018 227,983.25 15,662.53 99,725.31 143,920.47 2017 135,369.19 200,585.05 107,970.99 227,983.25 2016 108,677.79 100,336.99 73,645.59 135,369.19 2015 29,166.21 100,018.88 20,507.30 108,677.79 2014 18,729.94 154,805.24 144,368.97 29,166.21
Beginning Balance Budget, Interest & Adjust. Expenditures Ending Balance 2020 As of 02/28 76,330.21 20,000.00 0.00 96,330.21 2019 59,031.50 20,000.00 2,701.29 76,330.21 2018 69,229.90 10,000.00 20,198.40 59,031.50 2017 58,071.19 20,000.00 28,841.29 49,559.90 2016 61,858.67 20,000.00 3,787.48 78,071.19 2015 74,818.82 0.00 12,960.15 61,858.67 2014 89,262.50 39,443.68 53,887.36 74,818.82
Beginning Balance Budget, Interest & Adjust. Expenditures Ending Balance 2020 As of 02/28 152,192.93 15,195.30 2,856.12 164,532.11 2019 165,802.44 32,817.57 46,427.08 152,192.93 2018 172,906.08 20,828.40 27,932.04 165,802.44 2017 154,868.78 53,038.44 87,079.43 172,906.08 2016 166,137.76 13,695.06 24,964.04 154,868.78 2015 143,365.55 104,705.62 81,933.41 166,137.76 2014 137,892.63 58,482.02 53,009.10 143,365.55
Changes in Revenues:
Increases:
Miscellaneous Receipts: $57,325 Anticipated Additional Revenue- Fee
Changes: $300,000
Decrease:
Surplus ($220,161)
Reserve to Pay Debt Service: ($178,353) No Change: User Charges/Rents
Changes in Appropriations:
Increases:
Capital Outlay: $52,000.00 Indirect Costs: $166,000 Decreases: CMCMUA User Charges: ($236,014) Deferred Charge-Prior Year Emergency:
($10,000)
Debt Service: ($35,500)
*Must be self liquidating
CMCMUA Sewer Fees Adjustments 2020 2,969,939.00 ($29,098) (2019) 2019 2,601,065.00 327,128.00 (2018) 2018 2,166,654.00 404,846.00 (2017) 2017 1,743,841.00 273,746.00 (2016) 2016 1,661,001.00 61,738.00 (2015) 2015 1,580,486.00 63,008.00 (2014) 2014 1,530,029.00 184,353.00 (2013) 2013 1,465,417.00 (114,153.00) (2012) 2012 1,440,294.00 N/A